97 King Street, Kawartha Lakes, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Woodville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 54 x 132 ft lot size
- equipped with partial central cooling and highly efficient other heating
Description
Prime Mixed-Use Investment Opportunity in the Heart of Woodville. Welcome to 97 King Street in the charming and growing village of Woodville, where small-town charm meets exciting growth. With new residential developments and subdivisions expanding the community, this prominent main Street location offers an outstanding opportunity for investors seeking a stable, income-producing property. This impressive 5,000+ sq. ft. plus mixed-use commercial building is fully tenanted, providing immediate rental income. The main level features two established commercial tenants-a popular restaurant and a hair salon-benefiting from excellent visibility and steady traffic along the village's busy main thoroughfare. The upper level is home to four residential apartments, creating multiple revenue streams and enhancing the property's long-term investment appeal. Extensively updated throughout, this well-maintained building reflects pride of ownership and offers peace of mind for the next owner. Each unit is equipped with separately metered hydro, allowing for efficient utility management and simplified tenant billing. Rich in character and prominently situated in Woodville's historic downtown, this landmark property also reflects the area's heritage and architectural significance while offering strong income potential for years to come.
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Pricing & Value Insights
Data-driven valuation for 97 King Street, Kawartha Lakes, ON K0M 2T0
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About Purchasing a Home in Kawartha Lakes, ON
For a property listed at $1,599,000 in Kawartha Lakes, the legal minimum down payment is $319,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $28,455 for this transaction. As this listing is in Kawartha Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $28,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.